Before we answer that, we have to know the difference between extrinsic and intrinsic motivation.
Examples of extrinsic motivators include the pursuit of money, social status, praise, food, material wealth, or fame.
Studies reveal that high stakes rewards, like cash bonuses, can hinder cognitive capacity because they shift our focus away from the task and onto the outcome.
We can become preoccupied with rewards instead of just doing the work.
Extrinsic motivators are effective for clearly defined tasks.
For creative work, on the other hand, intrinsic motivation is better.
With intrinsic motivation, we enjoy the action as its own reward, and we do it without taking money, fortune, or fame into account.
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